Penang
Seberang Perai Selatan
7
TAMAN PANCUR MUTIARA

TAMAN PANCUR MUTIARA

Area Intelligence

2022

Median Price

RM 535,000

PSF: RM 326

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Residential PSF Trends

Median Price

RM 535,000

PSF: RM 326

TAMAN PANCUR MUTIARA in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2022, with a median price of RM 535K and a median price per square foot (PSF) of RM 326.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 535K, with most transactions falling within a stable range of RM 465K to RM 606K, and a typical market range of RM 484K to RM 586K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 326, with core pricing between RM 267 and RM 386. Market pricing typically extends from RM 255.25 to RM 396.75, reflecting moderate variation in unit pricing. The spread of RM 141.50 (IQR) and deviation of RM 60 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN PANCUR MUTIARA, Seberang Perai Selatan, Penang

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